Latest unbiased analysis has discovered that almost all of Victorian medical analysis institutes shall be financially unviable by 2028 because of the quickly rising oblique prices of analysis.
In 2023, the hole in funding for the complete prices of analysis was over $200m and is anticipated to rise to over $370m in 2029. At the moment, for each $1 of analysis grant funding obtained, Victoria’s unbiased medical analysis institutes should discover a further 48c to satisfy the oblique prices of that analysis. For NARI these embody:
- Cyber safety to guard analysis participant knowledge
- Sustaining and upgrading bodily services and IT assets
- Basic skilled providers like administration, HR, finance, authorized and communications.
These prices are essential to conducting the world-leading medical analysis for which NARI, and Victoria is famend and which was lately highlighted in Victoria’s Financial Progress Assertion as certainly one of 5 key industries driving Victoria’s future financial progress.
As a not-for-profit medical analysis institute, and long-standing member of the Australian Medical Analysis Institutes (AAMRI), NARI helps the pressing name for the Victorian Authorities to prioritise the well being and wellbeing of all Australians by rising funding for the oblique prices of analysis by $60m each year, beginning within the 2025-2026 Victorian price range.
How one can assist
You’ll be able to assist safe NARI’s future by sharing, selling and amplifying our plea for complete funding that displays the actual bills of medical analysis in Victoria. Collectively we are able to guarantee a future the place scientific breakthrough continues to rework lives and deal with essentially the most urgent well being challenges of our time.
For extra data, please go to AAMRI’s marketing campaign web site: Visit AAMRI’s campaign website
To speak your assist instantly with the Victorian Authorities, please contact: The Hon Danny Pearson MP, Victorian Minister for Financial Progress and Jobs | Victorian Minister for Finance, on (03) 9658 4101 or by way of e mail at [email protected]
